President Obama has signed into law a one-year delay of the Medicare sustainable growth rate for physician reimbursements, according to a Washington Post report.
The Senate followed the House last week in approving the legislation, which averts a 25 percent reimbursement cut for physicians who treat Medicare patients.
The one-year fix will cost the government an estimated $19 billion, which will be funded by tightening rules around tax credits for buying health insurance.
Read the Washington Post report on the sustainable growth rate.
Read previous coverage on the sustainable growth rate:
- Congress Passes One-Year Medicare Fee-Fix; President's Signature Expected
- Senate Approves One-Year Medicare Fee-Fix
- Bipartisan Plan for 1-Year Fee-Fix Would Take $19B Out of Reform Law
The Senate followed the House last week in approving the legislation, which averts a 25 percent reimbursement cut for physicians who treat Medicare patients.
The one-year fix will cost the government an estimated $19 billion, which will be funded by tightening rules around tax credits for buying health insurance.
Read the Washington Post report on the sustainable growth rate.
Read previous coverage on the sustainable growth rate:
- Congress Passes One-Year Medicare Fee-Fix; President's Signature Expected
- Senate Approves One-Year Medicare Fee-Fix
- Bipartisan Plan for 1-Year Fee-Fix Would Take $19B Out of Reform Law